If they attempt to achieve a controlling stake though??
What would be nice for shareholders is if LYC came in with a counter offer at a higher price meaning less dilution. Let's say 75 million shares at 25 cents!! They then have around 40 to 45 with their 9% already taken into consideration.
If 51% is wanted then LYC will have to shelve out an additional 10 or so million higher at 25 cents.
lyc the big buyer, page-25
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Mkt cap ! $159.5M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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